Report says Twitter may cut 300 more jobs

According to a new report from Bloomberg, Twitter may soon announce a new round of job cuts. Specifically, the report notes that around 300 employees, or around 8% of the company's total workforce, could be laid off.

An announcement in this regard may come as soon as this week, likely before Twitter releases its Q3 earnings report on Thursday, the report says, while adding that nothing is yet confirmed.